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7 Best Medium Duration Funds 2024
Are you looking for a medium-term investment option? Do you have an idle money that you would want to invest for next 3-4 years? If yes, then here’s a fund for you- Medium Duration Funds! Medium Duration Funds are a type of debt Mutual Fund that invests in debt and money market instruments with a Macaulay duration of three to four years. Let’s understand more about this fund, along with looking at some of the best medium duration funds to invest.
Medium Duration Debt Funds- Overview
Debt is typically categorised in terms of maturity. The terms of Debt fund are – low duration funds, short duration, medium duration, medium to long duration and long duration funds. Medium Duration Funds invests in debt securities with a maturity of 3-4 years. The maturity of this fund is lower than short duration funds and higher than long duration funds.
Typically, the interest rate of medium duration funds is greater than that of the short duration fund. Ideally, these funds tend to perform when the short-term interest rates are high. There is a popular belief that debt funds are risk-free, but they are not completely risk-free. There are some standard risks that are attached to debt assets like- interest rate risk, credit risk, and liquidity risk.
If we look at the interest rate-risk of medium duration funds it is higher than that of the short duration fund. So, investors who are planning to invest in these type of funds should be able to tolerate little risk in the investments.
Features of Investing in Debt Mutual Funds
- In debt funds, one can withdraw the required funds from the investment at any point of time, and also can let the remaining fund stay invested.
- Debt funds are ideally considered to earn optimal returns over regular period of time. For instance, choosing dividend payout can be an option for a regular Income flow.
- Unlike Equity Funds, debts are not affected by the Market Volatility, in fact they carry the standard risk like interest rate risk and credit risk.
- In debt funds, you can generate Fixed Income every month by starting a Systematic Withdrawal Plan (SWP is a reserve of SIP/STP) to withdraw a fixed amount on a monthly Basis. Also, you can change the amount of the SWP when required.
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Top 7 Best Performing Medium Duration Funds 2024 - 2025
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2023 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Aditya Birla Sun Life Medium Term Plan Growth ₹34.333
↑ 0.02 ₹1,887 1.7 3.7 6.5 12.3 6.9 8.2% 3Y 9M 14D 6Y 4M 6D Nippon India Strategic Debt Fund Growth ₹13.9609
↑ 0.01 ₹120 1.8 3.7 6.3 9.2 7 8.16% 3Y 5M 19D 4Y 9M Axis Strategic Bond Fund Growth ₹25.1807
↑ 0.01 ₹1,977 2 4.3 7.2 5.9 7.3 8.19% 3Y 9M 18D 5Y 4M 20D ICICI Prudential Medium Term Bond Fund Growth ₹40.3708
↑ 0.03 ₹6,408 1.7 3.8 6.8 5.8 7 8.33% 3Y 4M 2D 5Y 14D Kotak Medium Term Fund Growth ₹20.4603
↑ 0.04 ₹1,730 2 4.7 7.3 5.5 6.1 8.25% 3Y 22D 4Y 10M 20D SBI Magnum Medium Duration Fund Growth ₹46.2653
↑ 0.02 ₹6,560 1.8 3.7 6.9 5.5 7.2 8.21% 3Y 5M 8D 5Y 3M 4D HDFC Medium Term Debt Fund Growth ₹50.9256
↑ 0.04 ₹4,198 1.7 3.8 6.8 5.4 6.7 7.96% 3Y 4M 28D 4Y 11M 23D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Apr 24
*Above is list of best Medium Duration funds having AUM/Net Assets above 100 Crore. Sorted on Last 3 Year Return.
The primary investment objective of the Scheme is to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unit holders & secondary objective is growth of capital. Aditya Birla Sun Life Medium Term Plan is a Debt - Medium term Bond fund was launched on 25 Mar 09. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Medium Term Plan Returns up to 1 year are on (Erstwhile Reliance Classic Bond Fund) To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while
maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and
capital appreciation. Nippon India Strategic Debt Fund is a Debt - Medium term Bond fund was launched on 26 Jun 14. It is a fund with Moderate risk and has given a Below is the key information for Nippon India Strategic Debt Fund Returns up to 1 year are on (Erstwhile Axis Income Fund) To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments. Axis Strategic Bond Fund is a Debt - Medium term Bond fund was launched on 28 Mar 12. It is a fund with Moderate risk and has given a Below is the key information for Axis Strategic Bond Fund Returns up to 1 year are on (Erstwhile ICICI Prudential Corporate Bond Fund) To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. ICICI Prudential Medium Term Bond Fund is a Debt - Medium term Bond fund was launched on 15 Sep 04. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Medium Term Bond Fund Returns up to 1 year are on The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved Kotak Medium Term Fund is a Debt - Medium term Bond fund was launched on 25 Mar 14. It is a fund with Moderate risk and has given a Below is the key information for Kotak Medium Term Fund Returns up to 1 year are on (Erstwhile SBI Regular Savings Fund) To provide attractive returns to the Magnum holders / Unit holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt,
equity and money market instruments. SBI Magnum Medium Duration Fund is a Debt - Medium term Bond fund was launched on 12 Nov 03. It is a fund with Moderate risk and has given a Below is the key information for SBI Magnum Medium Duration Fund Returns up to 1 year are on (Erstwhile HDFC High Interest Fund - Short Term Plan) To generate income by investing in a range of debt and money market instruments of various maturity dates with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity. The objective is to cater to the needs of investors with shorter term investment horizons and
to provide stable returns over shorter periods. HDFC Medium Term Debt Fund is a Debt - Medium term Bond fund was launched on 6 Feb 02. It is a fund with Moderate risk and has given a Below is the key information for HDFC Medium Term Debt Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Medium Term Plan
CAGR/Annualized return of 8.5% since its launch. Ranked 6 in Medium term Bond category. Return for 2023 was 6.9% , 2022 was 24.8% and 2021 was 7.1% . Aditya Birla Sun Life Medium Term Plan
Growth Launch Date 25 Mar 09 NAV (18 Apr 24) ₹34.333 ↑ 0.02 (0.06 %) Net Assets (Cr) ₹1,887 on 29 Feb 24 Category Debt - Medium term Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.52 Sharpe Ratio 0.44 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Yield to Maturity 8.2% Effective Maturity 6 Years 4 Months 6 Days Modified Duration 3 Years 9 Months 14 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹9,642 31 Mar 21 ₹10,594 31 Mar 22 ₹11,595 31 Mar 23 ₹14,046 31 Mar 24 ₹15,075 Returns for Aditya Birla Sun Life Medium Term Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.3% 3 Month 1.7% 6 Month 3.7% 1 Year 6.5% 3 Year 12.3% 5 Year 8.6% 10 Year 15 Year Since launch 8.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.9% 2022 24.8% 2021 7.1% 2020 8.1% 2019 -4.4% 2018 5.6% 2017 7% 2016 10.9% 2015 9.5% 2014 12% Fund Manager information for Aditya Birla Sun Life Medium Term Plan
Name Since Tenure Sunaina Cunha 1 Sep 14 9.59 Yr. Mohit Sharma 6 Aug 20 3.65 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Medium Term Plan as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 8.71% Equity 2.12% Debt 88.54% Other 0.63% Debt Sector Allocation
Sector Value Government 49.81% Corporate 38.73% Cash Equivalent 8.71% Credit Quality
Rating Value A 3.96% AA 30.68% AAA 64.98% BB 0.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2033
Sovereign Bonds | -24% ₹450 Cr 44,500,000 7.18% Govt Stock 2033
Sovereign Bonds | -14% ₹267 Cr 26,500,000
↓ -2,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -5% ₹101 Cr 10,000,000
↑ 1,500,000 Belstar Investment And Finance Private Limited
Debentures | -3% ₹50 Cr 5,000 Creditaccess Grameen Limited
Debentures | -3% ₹50 Cr 500,000 JSW Steel Limited
Debentures | -3% ₹50 Cr 500 Hinduja Housing Finance Limited 8.85%
Debentures | -2% ₹46 Cr 4,600 JM Financial Credit Solutions Limited
Debentures | -2% ₹44 Cr 440 Nexus Select Trust
Debentures | -2% ₹40 Cr 4,000 JM Financial Products Limited
Debentures | -2% ₹40 Cr 4,000 2. Nippon India Strategic Debt Fund
CAGR/Annualized return of 3.5% since its launch. Ranked 7 in Medium term Bond category. Return for 2023 was 7% , 2022 was 2% and 2021 was 17.4% . Nippon India Strategic Debt Fund
Growth Launch Date 26 Jun 14 NAV (18 Apr 24) ₹13.9609 ↑ 0.01 (0.05 %) Net Assets (Cr) ₹120 on 29 Feb 24 Category Debt - Medium term Bond AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.93 Sharpe Ratio 0.57 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-12 Months (1%),12 Months and above(NIL) Yield to Maturity 8.16% Effective Maturity 4 Years 9 Months Modified Duration 3 Years 5 Months 19 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,164 31 Mar 21 ₹7,270 31 Mar 22 ₹8,567 31 Mar 23 ₹8,875 31 Mar 24 ₹9,488 Nippon India Strategic Debt Fund SIP Returns
Returns for Nippon India Strategic Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 3.7% 1 Year 6.3% 3 Year 9.2% 5 Year -1.1% 10 Year 15 Year Since launch 3.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 2% 2021 17.4% 2020 -23.5% 2019 -3.4% 2018 4.7% 2017 6.9% 2016 11.1% 2015 9% 2014 Fund Manager information for Nippon India Strategic Debt Fund
Name Since Tenure Kinjal Desai 25 May 18 5.86 Yr. Sushil Budhia 1 Feb 20 4.16 Yr. Akshay Sharma 1 Dec 22 1.33 Yr. Data below for Nippon India Strategic Debt Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 7.88% Debt 91.77% Other 0.35% Debt Sector Allocation
Sector Value Corporate 53.28% Government 38.48% Cash Equivalent 7.88% Credit Quality
Rating Value AA 43.07% AAA 56.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -17% ₹20 Cr 2,000,000
↑ 500,000 Summit Digitel Infrastructure Limited
Debentures | -6% ₹8 Cr 80 7.32% Govt Stock 2030
Sovereign Bonds | -4% ₹5 Cr 500,000 Pipeline Infrastructure Ltd. 7.96%
Debentures | -4% ₹5 Cr 500
↑ 500 7.17% Govt Stock 2030
Sovereign Bonds | -4% ₹5 Cr 500,000 7.1% Govt Stock 2029
Sovereign Bonds | -4% ₹5 Cr 500,000 Godrej Properties Limited
Debentures | -4% ₹5 Cr 500 Manappuram Finance Limited
Debentures | -4% ₹5 Cr 500 Godrej Industries Limited
Debentures | -4% ₹5 Cr 500 Century Textiles And Industried Limited
Debentures | -4% ₹5 Cr 500 3. Axis Strategic Bond Fund
CAGR/Annualized return of 8% since its launch. Ranked 7 in Medium term Bond category. Return for 2023 was 7.3% , 2022 was 3.8% and 2021 was 5.2% . Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (18 Apr 24) ₹25.1807 ↑ 0.01 (0.06 %) Net Assets (Cr) ₹1,977 on 29 Feb 24 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.08 Sharpe Ratio 0.95 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-12 Months (1%),12 Months and above(NIL) Yield to Maturity 8.19% Effective Maturity 5 Years 4 Months 20 Days Modified Duration 3 Years 9 Months 18 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,756 31 Mar 21 ₹11,618 31 Mar 22 ₹12,273 31 Mar 23 ₹12,828 31 Mar 24 ₹13,844 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.4% 3 Month 2% 6 Month 4.3% 1 Year 7.2% 3 Year 5.9% 5 Year 6.7% 10 Year 15 Year Since launch 8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.3% 2022 3.8% 2021 5.2% 2020 10.5% 2019 7.1% 2018 6.7% 2017 7.5% 2016 11.6% 2015 6.8% 2014 15% Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 11.41 Yr. Sachin Jain 1 Feb 23 1.16 Yr. Akhil Thakker 1 Feb 23 1.16 Yr. Data below for Axis Strategic Bond Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 5.35% Debt 94.4% Other 0.25% Debt Sector Allocation
Sector Value Corporate 59.13% Government 35.19% Cash Equivalent 4.09% Securitized 1.33% Credit Quality
Rating Value A 4.66% AA 33.67% AAA 61.66% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -15% ₹291 Cr 29,000,000 7.26% Govt Stock 2033
Sovereign Bonds | -11% ₹211 Cr 20,879,400 Small Industries Development Bank Of India
Debentures | -4% ₹76 Cr 7,500 Nirma Limited
Debentures | -3% ₹60 Cr 6,000 Aadhar Housing Finance Ltd. 8.65%
Debentures | -3% ₹55 Cr 5,500 DLF Cyber City Developers Limited 8.4%
Debentures | -3% ₹55 Cr 5,500 7.18% Govt Stock 2033
Sovereign Bonds | -3% ₹53 Cr 5,300,000
↓ -500,000 Tata Projects Limited
Debentures | -3% ₹51 Cr 5,100 Mahanagar Telephone Nigam Limited
Debentures | -3% ₹51 Cr 5,000 REC Ltd. 7.64%
Debentures | -3% ₹50 Cr 5,000
↑ 5,000 4. ICICI Prudential Medium Term Bond Fund
CAGR/Annualized return of 7.4% since its launch. Ranked 23 in Medium term Bond category. Return for 2023 was 7% , 2022 was 4.2% and 2021 was 5.5% . ICICI Prudential Medium Term Bond Fund
Growth Launch Date 15 Sep 04 NAV (18 Apr 24) ₹40.3708 ↑ 0.03 (0.08 %) Net Assets (Cr) ₹6,408 on 29 Feb 24 Category Debt - Medium term Bond AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.4 Sharpe Ratio 0.64 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Yield to Maturity 8.33% Effective Maturity 5 Years 14 Days Modified Duration 3 Years 4 Months 2 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹11,013 31 Mar 21 ₹11,934 31 Mar 22 ₹12,576 31 Mar 23 ₹13,208 31 Mar 24 ₹14,195 Returns for ICICI Prudential Medium Term Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.8% 1 Year 6.8% 3 Year 5.8% 5 Year 7.2% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 4.2% 2021 5.5% 2020 10.4% 2019 9.2% 2018 5.1% 2017 6.5% 2016 10.2% 2015 8.4% 2014 12.4% Fund Manager information for ICICI Prudential Medium Term Bond Fund
Name Since Tenure Manish Banthia 7 Nov 16 7.4 Yr. Akhil Kakkar 22 Jan 24 0.19 Yr. Sharmila D’mello 1 May 23 0.92 Yr. Data below for ICICI Prudential Medium Term Bond Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 5.71% Debt 94.03% Other 0.26% Debt Sector Allocation
Sector Value Corporate 57.82% Government 37.78% Cash Equivalent 4.15% Credit Quality
Rating Value AA 45.7% AAA 54.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -27% ₹1,723 Cr 170,951,600 7.26% Govt Stock 2033
Sovereign Bonds | -7% ₹449 Cr 44,456,200 The Great Eastern Shipping Company Limited
Debentures | -2% ₹149 Cr 1,500 Pipeline Infrastructure Ltd.
Debentures | -2% ₹125 Cr 12,400
↑ 12,400 TVS Credit Services Limited
Debentures | -2% ₹111 Cr 110 Torrent Power Limited
Debentures | -2% ₹106 Cr 10,500 Dlf Cyber City Developers Ltd
Debentures | -2% ₹104 Cr 1,050 8.25% Govt Stock 2033
Sovereign Bonds | -2% ₹102 Cr 10,000,000 Nirma Limited
Debentures | -2% ₹100 Cr 10,000 TATA Motors Finance Limited
Debentures | -2% ₹100 Cr 1,000 5. Kotak Medium Term Fund
CAGR/Annualized return of 7.3% since its launch. Ranked 10 in Medium term Bond category. Return for 2023 was 6.1% , 2022 was 3.2% and 2021 was 4.7% . Kotak Medium Term Fund
Growth Launch Date 25 Mar 14 NAV (18 Apr 24) ₹20.4603 ↑ 0.04 (0.21 %) Net Assets (Cr) ₹1,730 on 29 Feb 24 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.29 Sharpe Ratio 0.9 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-18 Months (2%),18 Months and above(NIL) Yield to Maturity 8.25% Effective Maturity 4 Years 10 Months 20 Days Modified Duration 3 Years 22 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,664 31 Mar 21 ₹11,349 31 Mar 22 ₹12,034 31 Mar 23 ₹12,398 31 Mar 24 ₹13,397 Returns for Kotak Medium Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.2% 3 Month 2% 6 Month 4.7% 1 Year 7.3% 3 Year 5.5% 5 Year 6% 10 Year 15 Year Since launch 7.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.1% 2022 3.2% 2021 4.7% 2020 8.5% 2019 7% 2018 5.4% 2017 6.6% 2016 10.9% 2015 9.3% 2014 Fund Manager information for Kotak Medium Term Fund
Name Since Tenure Deepak Agrawal 25 Mar 14 10.03 Yr. sunit garg 1 Nov 22 1.41 Yr. Palha Khanna 3 Jul 23 0.75 Yr. Data below for Kotak Medium Term Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 6.27% Equity 6.12% Debt 86.1% Other 1.52% Debt Sector Allocation
Sector Value Corporate 69.28% Government 16.82% Cash Equivalent 6.27% Credit Quality
Rating Value A 4.93% AA 38.14% AAA 56.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -11% ₹194 Cr 19,278,000
↑ 9,000,000 HDFC Bank Limited
Debentures | -6% ₹102 Cr 1,000 L&T Metro Rail (Hyderabad) Limited
Debentures | -6% ₹97 Cr 1,000 TATA Steel Limited
Debentures | -4% ₹75 Cr 750 Embassy Office Parks REIT (Real Estate)
-, Since 31 May 21 | 5426024% ₹74 Cr 1,865,596
↓ -25,648 India Grid Trust 0.0788%
Debentures | -4% ₹65 Cr 6,500 Pipeline Infrastructure Ltd. 0.0796%
Debentures | -4% ₹63 Cr 6,280
↑ 6,280 Prestige Projects Private Limited 0.1175%
Debentures | -3% ₹60 Cr 6,000
↑ 6,000 Indostar Capital Finance Limited
Debentures | -3% ₹60 Cr 6,000 8.12% Govt Stock 2031
Sovereign Bonds | -3% ₹50 Cr 5,000,000 6. SBI Magnum Medium Duration Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 18 in Medium term Bond category. Return for 2023 was 7.2% , 2022 was 3.4% and 2021 was 3.8% . SBI Magnum Medium Duration Fund
Growth Launch Date 12 Nov 03 NAV (18 Apr 24) ₹46.2653 ↑ 0.02 (0.05 %) Net Assets (Cr) ₹6,560 on 29 Feb 24 Category Debt - Medium term Bond AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.22 Sharpe Ratio 0.89 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1.5%),12 Months and above(NIL) Yield to Maturity 8.21% Effective Maturity 5 Years 3 Months 4 Days Modified Duration 3 Years 5 Months 8 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹11,136 31 Mar 21 ₹12,136 31 Mar 22 ₹12,728 31 Mar 23 ₹13,279 31 Mar 24 ₹14,294 Returns for SBI Magnum Medium Duration Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.4% 3 Month 1.8% 6 Month 3.7% 1 Year 6.9% 3 Year 5.5% 5 Year 7.4% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 7.2% 2022 3.4% 2021 3.8% 2020 12.3% 2019 11.1% 2018 6.2% 2017 7.6% 2016 14% 2015 6.6% 2014 16.5% Fund Manager information for SBI Magnum Medium Duration Fund
Name Since Tenure Rajeev Radhakrishnan 1 Nov 23 0.41 Yr. Lokesh Mallya 1 Dec 23 0.33 Yr. Mohit Jain 30 Nov 17 6.34 Yr. Pradeep Kesavan 1 Dec 23 0.33 Yr. Data below for SBI Magnum Medium Duration Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 5.67% Debt 94.05% Other 0.28% Debt Sector Allocation
Sector Value Corporate 50.79% Government 43.26% Cash Equivalent 5.67% Credit Quality
Rating Value A 3.72% AA 40.97% AAA 55.31% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2033
Sovereign Bonds | -15% ₹983 Cr 97,500,000 7.18% Govt Stock 2037
Sovereign Bonds | -11% ₹688 Cr 68,500,000
↑ 20,000,000 Godrej Properties Limited
Debentures | -5% ₹325 Cr 32,500 Tata Housing Development Company Limited
Debentures | -5% ₹300 Cr 30,000 Jamnagar Utilities And Power Private Limited
Debentures | -4% ₹251 Cr 25,000 Avanse Financial Services Limited
Debentures | -4% ₹250 Cr 25,000 Jindal Stainless Limited
Debentures | -4% ₹234 Cr 2,400 JM Financial Asset Reconstruction Company Limited
Debentures | -4% ₹234 Cr 23,500 Mahanagar Telephone Nigam Limited
Debentures | -3% ₹226 Cr 2,200 Yes Bank Limited
Debentures | -3% ₹217 Cr 2,250 7. HDFC Medium Term Debt Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 22 in Medium term Bond category. Return for 2023 was 6.7% , 2022 was 2.9% and 2021 was 5% . HDFC Medium Term Debt Fund
Growth Launch Date 6 Feb 02 NAV (18 Apr 24) ₹50.9256 ↑ 0.04 (0.09 %) Net Assets (Cr) ₹4,198 on 29 Feb 24 Category Debt - Medium term Bond AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.3 Sharpe Ratio 0.59 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Yield to Maturity 7.96% Effective Maturity 4 Years 11 Months 23 Days Modified Duration 3 Years 4 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹10,940 31 Mar 21 ₹11,768 31 Mar 22 ₹12,421 31 Mar 23 ₹12,863 31 Mar 24 ₹13,825 Returns for HDFC Medium Term Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Apr 24 Duration Returns 1 Month 0.3% 3 Month 1.7% 6 Month 3.8% 1 Year 6.8% 3 Year 5.4% 5 Year 6.7% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 6.7% 2022 2.9% 2021 5% 2020 10% 2019 9.1% 2018 5.6% 2017 5.5% 2016 11.5% 2015 7.4% 2014 11.2% Fund Manager information for HDFC Medium Term Debt Fund
Name Since Tenure Shobhit Mehrotra 1 Sep 07 16.59 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Medium Term Debt Fund as on 29 Feb 24
Asset Allocation
Asset Class Value Cash 3.61% Equity 0.27% Debt 95.87% Other 0.25% Debt Sector Allocation
Sector Value Corporate 58.9% Government 36.61% Cash Equivalent 3.02% Securitized 0.95% Credit Quality
Rating Value AA 26.75% AAA 73.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.18% Govt Stock 2037
Sovereign Bonds | -6% ₹237 Cr 23,547,700 7.26% Govt Stock 2032
Sovereign Bonds | -4% ₹152 Cr 15,000,000 Tata Steel Limited
Debentures | -3% ₹146 Cr 14,500 6.54% Govt Stock 2032
Sovereign Bonds | -3% ₹145 Cr 15,000,000 7.26% Govt Stock 2033
Sovereign Bonds | -3% ₹142 Cr 14,000,000 Jamnagar Utilities & Power Private Limited
Debentures | -3% ₹121 Cr 1,250 6.1% Govt Stock 2031
Sovereign Bonds | -2% ₹94 Cr 10,000,000 Sikka Ports & Terminals Limited
Debentures | -2% ₹93 Cr 950 Bajaj Housing Finance Limited
Debentures | -2% ₹89 Cr 900 7.1% Govt Stock 2029
Sovereign Bonds | -2% ₹80 Cr 8,000,000
↓ -1,000,000
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